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Babylon Pump & Power Boosts Rental Revenue and Secures NAB Funding Extension

1:26pm on Wednesday 24th of June, 2026 AEST Resources
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Babylon Pump & Power Boosts Rental Revenue and Secures NAB Funding Extension

1:26pm on Wednesday 24th of June, 2026 AEST
Key Points
  • FY26 rental revenue up ~160% to $26 million
  • NAB extends facilities to July 2027 with waived repayments
  • Capital raise underway supported by major shareholders
  • Exit from maintenance business to sharpen focus
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